Egypt ETF Plunges After Sisi Wins Election
May 29, 2014 at 15:10 PM EDT
After former Egyptian army chief Abdel Fattah al-Sisi’s win in the presidential election, Egypt exchange traded fund plunged Thursday on a new capital gains tax for investors and the new administration’s unclear objective for the economy. The Market Vectors Egypt Index ETF (NYSEArca:...